Tag: Steemit

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5 blockchain-based social media platforms to know

Discover five blockchain-based social media platforms that are reshaping online interactions. Social media networks built on the blockchain are revolutionizing the way we share, interact and communicate with people online. These systems offer improved transparency, data ownership and decentralized incentives by utilizing the power of blockchain technology.  This article will discuss five well-known blockchain-based social…
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Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon

The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own…
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Former Steem devs believe CPU mining is the key to a fair launch for their ‘blockchain 3.0′

Steemit veterans vow to improve blockchain upgradeability and avoid damaging hard forks In March, the crypto world saw the first instance of what many saw as a hostile takeover attempt of another blockchain. Justin Sun, the founder of Tron, had acquired Steemit, Inc. and the Steem blockchain with it — or so he thought. A…
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Hashgraph Sets to Scale a Mental Health Platform to Billion Users

Could their partnership with a new age guru save lives? Hashgraph has partnered with the Chopra Foundation to develop a mental health platform that they hope will scale to 1 billion users within five years. The platform’s initial focus will be on suicide prevention, though they hope to eventually turn it into a broader mental…
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Justin Sun Recounts Steem-Hive Hard Fork at Virtual Blockchain Week

During Virtual Blockchain Week, Justin Sun recounted his version of the events surrounding Hive’s controversial fork away from Steem. Speaking at the Virtual Blockchain Week (VBW), Tron founder Justin Sun presented his side of the recent events involving Tron’s “partnership” with Steemit Inc, and the subsequent hard fork that resulted in Hive (HIVE) forking away…
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To Justin Sun’s Chagrin, Huobi Listing Spikes Hive’s Price by 600%

One week after Justin Sun’s hostile takeover of Steem, Huobi launched trading for the community hard fork Sun sought to suppress. The price of Hive (HIVE), a hard-fork of Steem (STEEM), has skyrocketed following its listing on Huobi. The listing comes one month after Huobi and Binance mobilized customer funds to vote against the Steem…
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Justin Sun Accused of Bribing His Way to the Top of the Steem Hierarchy

Major Steem stakeholder Dan Hensley accuses TRON founder Justin Sun of attempting to bribe him with “money, power and users.” Major Steem stakeholder Dan Hensley has levied heavy accusations at TRON founder and CEO Justin Sun. According to Hensley’s April 8 writeup, Sun “bribed” his way to the top of the Steem hierarchy with “money,…
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Justin Sun’s Steemit Accused of Censoring Hive Related Content

Justin Sun’s Steemit has been accused of censoring content about the upcoming Hive hard fork. In the latest development in the Steem (STEEM) saga, Justin Sun has come under fire for censoring posts on the platform related to the community-driven ‘Hive’ hard fork. On March 19, cryptocurrency influencer Girl Gone Crypto Tweeted a clip to…
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Binance Publishes Apology Letter to Steemit Community and Says It Has ‘Unvoted’

Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed…
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Steemit Managing Director on Acquisition by Tron — Exclusive

Steemit’s managing director says the new partnership with Tron will help grow the platform and that the soft fork resulted from quick reactions to the changes. In an interview with Cointelegraph at Tron’s San Francisco office on Feb. 25, Steemit Managing Director Elizabeth Powell expressed enthusiasm regarding the new strategic partnership between Tron and Steemit.…
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